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2026-08-14T10:19:00.000Z

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Al Ansari reports 151.3M dirham profit

Al Ansari reports 151.3M dirham profit

Al Ansari Financial Services Company’s profits declined by 29% in the first half of 2026, reaching 151.3 million dirhams compared to 212.2 million dirhams in the same period of 2025. The main reason for this decline is attributed to an 11% increase in salary and benefits costs, which rose to 297.8 million dirhams, along with a 15% to 20% increase in depreciation, amortization, and administrative expenses. Additionally, total income experienced a slight decrease, amounting to 647.5 million dirhams compared to 655.1 million dirhams in the previous year.

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